Question

pass journal entry
a)Bad debt recovered Rs 500
b)Recived Rs 500 form Ram in full settlement claim Rs 500
c)salary due but not paid Rs 500
d)Rs 700 withdrew for personal use​

Answer 1

Answer:

a) cash / bank a/c .........dr. 500

To bad debts recovered a/c. 500

b) cash a/c ......................dr. 500

To Ram a/c. 500

c) salary a/c ....................dr. 500

To outstanding salary a/c. 500

d) Drawings a/c .............dr. 700

To cash a/c. 700